Nike, the iconic sneaker brand, experienced a 6.2% slump in its stock after reporting slowing growth in China in its fiscal 2024 third quarter. Despite posting better-than-expected quarterly earnings and revenue, Nike faced challenges with its Chinese market. The company’s North American sales and price changes helped to boost its overall performance, but the concerns
Finance
Micron, the semiconductor manufacturer, saw its shares soar by 16.5% in premarket trading following the release of its fiscal second-quarter earnings report. The company reported earnings of 42 cents per share on $5.82 billion of revenue, surpassing the expectations of analysts. Micron also provided a positive outlook for its third-quarter earnings and revenue, leading to